Key indicators for buyers
The NE4 market looks favourable for buyers. Prices have softened (-43.8%), which could present a buying opportunity. Affordability has improved from a peak of 6.6x in 2007 to 5.7x today. Rising rents (£1,199/mo, +15.8%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Newcastle upon Tyne area
A home in Newcastle upon Tyne costs 5.7x the local median salary — moderate, improving from a peak of 6.6x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Newcastle upon Tyne area
Average monthly rent in Newcastle upon Tyne is £1,199, up 15.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Newcastle upon Tyne price of £106,000 with a 25% deposit (£27k), a 2-year fixed mortgage at 3.97% costs around £418 per month.
Monthly cost comparison based on current data
Uses NE4 avg. price with Newcastle upon Tyne rental data
Monthly mortgage payments (£418) are £781 less than renting (£1,199). However, buying requires an upfront deposit of £27k — it would take around 2 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, BLANDFORD COURT, WESTMORLAND ROAD NE4 6EF | Flat/Maisonette | £117,000 | 23 Jan 2026 |
2, BRANCEPETH AVENUE NE4 8EA | Semi-detached | £107,500 | 16 Jan 2026 |
340, WEST ROAD NE4 9JU | Semi-detached | £185,000 | 15 Jan 2026 |
478, ELSWICK ROAD NE4 8DS | Flat/Maisonette | £72,500 | 15 Jan 2026 |
16, EASTGATE GARDENS NE4 8DR | Semi-detached | £90,000 | 7 Jan 2026 |
52, GAINSBOROUGH GROVE NE4 5PH | Other | £85,000 | 5 Jan 2026 |
51, GAINSBOROUGH GROVE NE4 5PH | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE4 sold for £106,000 in 2026, with a median of £90,000 across 7 transactions. Prices fell 43.8% compared to the previous year.
| £85,000 |
| 5 Jan 2026 |
165, WINGROVE AVENUE NE4 9AE | Flat/Maisonette | £80,000 | 19 Dec 2025 |
14, AMELIA CLOSE NE4 8LW | Terraced | £138,000 | 19 Dec 2025 |
45, SIDNEY GROVE NE4 5PD | Terraced | £285,000 | 17 Dec 2025 |
1506, HADRIANS TOWER, RUTHERFORD STREET NE4 5BT | Flat/Maisonette | £180,000 | 16 Dec 2025 |
FLAT 2, THE VICARAGE, SPRING GARDEN LANE NE4 5TD | Flat/Maisonette | £160,000 | 15 Dec 2025 |
109, CROYDON ROAD NE4 5LP | Terraced | £150,000 | 12 Dec 2025 |
7, POWBURN GARDENS NE4 9UE | Semi-detached | £280,000 | 12 Dec 2025 |
6, ALDER AVENUE NE4 9TD | Terraced | £121,000 | 12 Dec 2025 |
115, WINGROVE ROAD NE4 9BY | Terraced | £220,000 | 12 Dec 2025 |
8, ELDER DRIVE NE4 9AG | Semi-detached | £195,800 | 11 Dec 2025 |
24, ALDER AVENUE NE4 9TB | Terraced | £116,000 | 11 Dec 2025 |
5, PAIGNTON AVENUE NE4 8RS | Terraced | £230,000 | 9 Dec 2025 |
155, TWO BALL LONNEN NE4 9RS | Semi-detached | £110,000 | 28 Nov 2025 |
The most recent recorded sale in NE4 was a flat/maisonette property on Westmorland Road for £117,000 in January 2026. Across the last 20 sales, the median price was £138,000.